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by justajot
1494 days ago
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If PoW's costliness is based on production and consumption of energy, it requires a certain amount of energy and natural resources to produce the hardware required to consume the energy, correct? I'm failing to follow how PoW is fundamentally different than PoST in terms of hardware (and the resources to produce it) necessary to validate blocks. It seems that the point of PoST is that we get a similar potential of decentralization that we get with PoW with significantly less energy usage. I somewhat understand the argument of PoW incentivizing production of cheap and clean energy and I hope this is realized ... specifically clean energy, specifically advanced nuclear as its utilization isn't geographically restricted. |
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The competition has shifted into finding cheaper energy sources, rather than developing more energy efficient ASICs. There's a clear trend in this direction.